U.S. May capital flows $56.4 bln vs April $76.0 bln

CorbettB. Daly

WASHINGTON (CBS.MW) -- Net foreign capital flows into the United States fell to $56.4 billion in May from a revised $76.0 billion in April, the Treasury Department said Friday. That is the lowest level of inflows since October. The total value of Treasurys bought in April was $21.9 billion. Of that total, central banks from around the world bought $14.6 billion, while others bought $7.4 billion. In April, central banks bought $22.1 billion worth of Treasurys.

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